All 50 states in the USA offer incentives or tax credits for owning an EV or EVSE (Electric Vehicle Service Equipment) purchase and installation, which includes all types of electric car charging stations. To get more details about available electric car charging incentive programs in your state, fill up our quick contact form, and we'll get back to you as soon as possible.
Multiple states offer electric car incentive programs covering up to 100% of equipment and installation costs that can be as high as $100,000 for a Level 3 DCFC. The total amount of money one can receive depends on such criteria as:
Some states qualify EV charging station incentives as taxable income, while others don't. Federal and state tax legislation differs throughout the US. We can't advise on applicable individual or business income tax and recommend referring to an accountant for more details.
There are 2 general categories of applicants eligible for electric car incentive programs: commercial entities and government/non-profit organizations.
Commercial businesses include small-, medium, and large-size companies: hotels, restaurants, gas stations, supermarkets, shopping malls, hospitals, health centers, golf clubs, universities, churches, wellness & fitness, business centers, production, auto dealerships, apartment & condos, etc. Government entities include non-profit organizations, educational institutions, federal and state agencies, cities and municipalities, etc.
EV charging station tax credits are federal incentives that allow eligible applicants who install, purchase or upgrade their EVSE to deduct a portion of expenses from their annual tax application. For instance, The Alternative Fuel Infrastructure Tax credit offers a 30% tax credit for businesses to reduce the amount of taxes they owe by the end of the year.
EV charging station incentives are federal or state programs that cover EVSE purchase and installation costs for commercials and government/non-profit organizations. Incentives have fund limits from which money is distributed and strict deadlines. Some electric car incentive programs can make up for 30%-100% of EVSE costs or offer a fixed incentive amount covering the EV charging station project's financials.
To claim federal tax credits or electric car incentives for EV chargers, you must browse the available programs by state. You can find the options online, choose a state or utility electric charger incentive program, and read about its eligibility criteria. Once you decide which program meets your business needs, you must complete an online application. Remember that applying for incentives requires uploading multiple documents and having information about your EV charger project. It implies a pre-installation, installation, and post-installation checklist. Failure to provide these documents can result in application rejection or cancellation.
If you need help choosing and applying for incentives, submit an online request. Our experts will contact you as soon as possible and provide all the essential details regarding available incentives in your state.
No, you can apply for electric car incentive programs only once per year. That's why you should ensure your application meets the program's requirements to avoid possible rejection.